TMCnet News
RTS Announces the Launch of ForesightRevenue Technology Services (RTS), a Plano, Texas provider of profit optimization tools for the transportation industry, announced today the successful launch of RTS Foresight, a revenue and sales planning solution for air cargo and cruise ferry freight industries. Foresight is a state-of-the-art decision support system that evaluates the cargo profitability of a given schedule and assists in the revenue planning process. The solution recommends sales targets based on previous year's targets as well as expected demand that has been allocated to the available cargo capacity. The solution also includes tactical and operational reports that provide key insights into the performance of a sales team. Typically Cargo is an afterthought in most airlines and cruise ferries in terms of schedules, equipment and profitability. Foresight will address this challenge by providing the impact of cargo so that an airline or cruise ferry can make an informed decision looking at the overal profitability of the organization. In addition, the solution will assist in setting sales targets and tracking for the cargo sales team across the network "Revenue Technology Services is committed to providing value-enhancing planning solutions to the air cargo and cruise ferry freight industry and in that spirit has built a comprehensive state-of-the-art revenue planning sales target and tracking solution that will make the lives of cargo departments easier. Foresight will compliment our cargo revenue management solution, CargoProfitOpt and our price optimization solution, CargpPriceOpt completing the decision support package for the marketing and planning functions of cargo departments," said Mukundh Parthasarathy, Senior Vice President of Cargo Solutions at RTS. About RTS Revenue Technology Services is a worldwide provider of profit enhancing revenue management, scheduling and pricing software solutions for passenger and cargo, consulting services, and IT development support for the airline, cruise ferry, and rail industries. RTS is headquartered in Dallas, Texas with offices in UK, South Africa and India. For additional information, visit www.rtscorp.com or contact [email protected] or 1-972-325-1250.
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